NOV Price Increase

We received the follwing notice of price increase from National Oilwell Varco

National Oilwell Varco, Mission Multiplex Pump Division, continues to experience increased costs in raw material for reciprocating pump components. A resultant price increase will go into effect on January 15th, 2008 and will consist of the following:
Pumps Complete: 5%
Power End Parts: 5%
Fluid End Expendables:
Valves: 5%
Plungers / Extension Rods: 5%
Combination Pig I Ext Rod(Wheatley / Gaso Combination Plungers) 8%
Packing: 5%
Brass: 5%
Gaskets: 5%
Miscellaneous: 5%
Omega Pumps and Parts: 8%